Bottom Line; SyCip on Nation-Building

Byline: Michael Alan Hamlim

Asia's strongest economies got that way because the introduction of democracy followed the attainment of broad prosperity on a national level according to Washington SyCip, SGV founder and internationally respected businessman. Before members of the Management Association of the Philippines last week he argued that the Philippines, in contrast to its fast-developed and developing neighbors, has "failed miserably" in part because the "elements of democracy" were forced on the Philippines before its people were wealthy enough to cope with them.

SyCip has long complained that western development models don't work in Asia. Last week, he cited the miserable experience of the US in Iraq to suggest that they may no longer …

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Publication information: Article title: Bottom Line; SyCip on Nation-Building. Contributors: Not available. Newspaper title: Manila Bulletin. Publication date: January 31, 2007. Page number: Not available. © 2009 Manila Bulletin Publishing Corp. COPYRIGHT 2007 Gale Group.

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